Shark Tank India’s season 02 is going on air since the first Monday of the new year, 2023. It premiered on January 02, 2023. This show is an Indian adaptation of an American original show called Shark Tank, which is being telecast on American Broadcasting Company since 2009. The judge in Shark Tank India season 02 are: Peyush Bansal – Co-owner and CEO of Lenskart, a premium eyewear brand in India, Vineeta Singh – Co-owner and CEO of Sugar, a cometic brand in India, Anupam Mittal – owner of Shadi.com, a matrimonial platform, Makaan.com, a real-estate platform and Mauj, a short-video platform, Aman Gupta – Co-owner of Boat, an electronic brand in India and Namita Thappar, executive board of director, Emcure pharmaceuticals and Amit Jain – Owner of Cardekho.
In last night’s episode of Shark Tank India season 02, a husband-wife duo had come to pitch their hair-removing product. They had various products out of which one was a face mask that changed colours to provide various services for the customer’s face skin. Namita Thappar wore the face mask to test it but questioned the credibility of the product basis changing colours of the mask, therefore she backed out from investing in the business. Aman Gupta said, “yaar pehle toh aap dono super entrepreneurs ho. Matlab bahut credibility lag rahi hai tum logon ko dekh kar. kaafi log sharks ke samne ghabra jate hain, but you know your finances well. Main invest nahin kar sakta kyunki mera ek similar brand hai. I am out for now, because of conflict of interest.”
The duo’s original ask was, INR 1 crore for 4% equity for a valuation of INR 25 crores. But Anupam Mittal and Vineeta Singh collaborated and cracked a deal of INR 1 crore for 10% equity for a valuation of INR 10 crores.The deal was heartily accepted by the duo and demanded a song to be played while accepting the offer.
